2 edition of Managerial discretion and optinal financing policies. found in the catalog.
Managerial discretion and optinal financing policies.
Rene M. Stulz
Written in English
Taken from Journal of financial economics, vol.26, 1990, pp.3-27.
|Series||Journal of financial economics -- v.26|
PENN TRAFFIC COMPANY (THE)
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We use Tobin’s q as a measure of bank valuation. Tobin’s q is calculated as the sum of the market value of common equity, plus the book value of preferred shares, plus the book value of total debt, divided by the book value of total assets.
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R Capital Assets - Other - Locally Defined Groupings This code is used at the discretion of the school district if the school district policy requires the capitalization of items that individually or, as a group, are less than the $5, criterion identified in the series of accounts.
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